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Two-Unit Duplex with Vacant Unit
New
For Sale
$715,000

10 Howell Place, Newark, NJ 07106

One residence is tenant-occupied, while the larger apartment is vacant for a new occupant.

Property SizeContact for details
Days on Market5

Property Features for 10 Howell Place

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1BA, 1 x 5BR/2BA
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,623

Amenities

2 Family
Listing Agency: Coldwell Banker Realty
Listed By: Maikol Puebla · License #297129
Source: Evrealestate
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 7:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

At 10 Howell Place in Newark, this two-family property has two distinct apartments. The first includes 3 bedrooms and 1 bathroom and is rented. The second has 5 bedrooms and 2 bathrooms and is vacant, offering a separate living space within the property.

The home is in Newark’s Lower Vailsburg neighborhood, near shops, restaurants, grocery stores, and parks. Vailsburg Park is nearby, and Seton Hall University and Essex County College are accessible from the area. NJ TRANSIT bus service and nearby train stations connect with Newark Penn Station; PATH service from Newark Penn Station links to New York City. Major roadways and Newark Liberty International Airport are also cited as area transportation options.

Key Highlights

  • Two‑family property with separate 3‑bedroom and 5‑bedroom apartments
  • The 3‑bedroom unit has 1 bathroom and is currently rented
  • Vacant apartment includes 5 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 07106, NJ

34,596
Population
13,633
Households
2.5
Avg Household Size
35
Median Age
18%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
24,711
Density / Sq Mi
$48,105
Median Household Income
$34,820
Median Earnings
$1,221
Median Rent
$321,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - One residence is tenant-occupied, while the larger apartment is vacant for a new occupant.
Where is this duplex located?
The property is located at 10 Howell Place Newark, NJ.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Two‑family property with separate 3‑bedroom and 5‑bedroom apartments; The 3‑bedroom unit has 1 bathroom and is currently rented; Vacant apartment includes 5 bedrooms and 2 bathrooms
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